ScienceNepal seeks $20 million from UN loss-and-damage fund after floods
Carbon Brief’s analysis says Nepal’s request would cover just 0.7% of flood costs. Nature reports the money would support immediate recovery and preparations for future climate events.
TLDR
Carbon Brief reports that Nepal requested $20 million from the UN’s loss-and-damage fund following floods in late August. Its analysis puts the claim at just 0.7% of flood costs. Nature says the money would help pay some immediate recovery costs and help prepare for future climate events. It also argues that countries should not have to wait months for relatively small grants to respond to extreme weather.
Nepal seeks $20 million from UN loss-and-damage fund after floods
Carbon Brief’s analysis says Nepal’s request would cover just 0.7% of flood costs. Nature reports the money would support immediate recovery and preparations for future climate events.